Saturday☕️

29 Jul 2023 — 4 min read

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Moon Base:

NASA's Artemis program aims to establish a permanent moon base by collaborating with three major companies: Blue Origin, SpaceX, and Dynetics. They received a portion of NASA's $150M fund, with Blue Origin taking the largest share to extract valuable materials from lunar soil, thereby providing building materials and a constant air supply for astronauts.
SpaceX and Dynetics were contracted to develop human landing systems for the Artemis III and IV missions, scheduled for 2024 and 2025. The goal is to establish a permanent moon base, with SpaceX's Starship designed for this task, while Dynetics focuses on a cost-effective and cargo-friendly option.
These companies are also working on infrastructure development on the moon, like roads, power lines, and nuclear power plants, for a sustainable lunar presence. All companies are currently developing their systems, setting the stage for future competitive Artemis missions and the ambitious goal of permanent lunar habitation.

Crypto Bill:

The US House Financial Services Committee has approved a new bill called the "Keep Your Coins Act of 2023," which aims to protect the rights of individuals to self-custody their digital assets. This move was initiated by Republican congressman Warren Davidson. The bill, officially known as H.R. 4841, will ensure investors can keep their cryptocurrencies in their own wallets.
Warren Davidson expressed his views on the matter through a tweet, emphasizing that those opposing self-custody are against individual freedom and prefer having control over people's assets. The Financial Services Committee highlighted that the legislation addresses a key risk pointed out by the FTX Failure, specifically allowing investors to maintain control of their own cryptocurrency.
The bill clearly prohibits Federal Agencies from restricting the use of convertible virtual currencies for purchasing goods or services for personal use and other purposes. The committee also accounted for the passage of several similar bills on the same day, including the Clarity for Payment Stablecoins Act of 2023.

The company 𝕏, formerly known as Twitter, announced a new record of 541.6 million monthly users in July, 2023. This represents a substantial increase from 237.8 million users the previous year, even after accounting for a 20% bot population. The growth, factoring in bot removal, ranges between 150% to 250%.
Additionally, 𝕏 launched a global Ads Revenue Sharing initiative for eligible creators. The company has ambitious plans for the platform's expansion. It aims to support creators with income generation through ad sharing and various monetization strategies.
The platform also plans to provide a range of financial management services, along with becoming a one-stop shop for trading, hiring, and other services. Entertainment features such as gaming and streaming are also in the pipeline.

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